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Finland's Solidium trims stake in steelmaker Outokumpu
September 12, 2017 / 7:38 AM / in a month

Finland's Solidium trims stake in steelmaker Outokumpu

Finnish stainless steel company Outokumpu's headquarters is seen in Espoo, Finland February 1, 2012. Jussi Nukari/Lehtikuva/File Photo via REUTERS

HELSINKI (Reuters) - Finnish state-owned investment company Solidium has trimmed its ownership in stainless steel maker Outokumpu (OUT1V.HE) by selling 0.8 percent of the company’s shares in recent days, a shareholder register shows.

Solidium has sold 3.3 million shares in Outokumpu since last week to cut its holding in the company to 23.0 percent, Outokumpu’s website showed.

Solidium was not available for immediate comment.

The stock traded at 9.04 euros by 0716 GMT, up 0.6 percent from Monday’s close.

Reporting by Jussi Rosendahl; editing by Jason Neely

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